Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

'Specific goals are set out in the plans along with the activities to be undertaken to achieve the goals. Thus, planning is purposeful.'

Which importance of planning is highlighted in the above statement?

Options:

Planning reduces the risks of uncertainty

Planning promotes innovative ideas

Planning facilitates decision making

Planning focuses on achieving objectives

Correct Answer:

Planning focuses on achieving objectives

Explanation:

The correct answer is option 4- Planning focuses on achieving objectives.

Planning focuses on achieving objectives: Organisations are set up with a general purpose in view. Specific goals are set out in the plans along with the activities to be undertaken to achieve the goals. Thus, planning is purposeful. Planning has no meaning unless it contributes to the achievement of predetermined organisational goals.